- Sustainability Problem: Droughts and risks of water scarcity are increasing. Water is getting more expensive.
- Sustainable Technology:
- Apana’s technology uses sensors and water meters to measure the amount and time of buildings’ water use.
- Algorithms in the technology send alerts when there are spikes in water use due to equipment problems or wasteful operations.
- Costo’s water use has been cut by 22% by using Apana. The water cost savings has paid for technology installation.
- Other technology companies such as Lagoon, Dropcountr, WaterSmart, WatrHub, and Ecolab are building similar water management systems.
- Stakeholders:
- Water saving technology companies such as Apana
- Businesses that use the technology such as Costco
- Employees
- Utilities
- Deployment:
- Continue to market Apana technology to large businesses to help them achieve sustainability goals and save money on water pipe maintenance issues.
- Apana plans to raise its first round of funding after initially being completely self funded.
- Potentially partner with the government to require businesses to use water saving technology.
Sustainable Brands Article; Fortune Article
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